Investors expect Dubai property prices to rise through 2026 after record Q1 sales

A majority of property investors expect Dubai real estate prices to continue increasing through 2026, according to a new market sentiment report by Metropolitan Group. The findings follow a record-breaking first quarter for the sector, which saw total transaction volumes reach unprecedented levels. The report indicates that 54% of surveyed investors plan to expand their portfolios in Dubai within the next 12 months. This investor confidence persists despite global economic headwinds, driven specifically by high demand in the luxury residential segment and the continued migration of high-net-worth individuals to the emirate. Transaction volumes hit record highs Dubai recorded more than 35,000 property transactions in Q1 2024, representing a 20% increase compared to the same period last year. Data from the Dubai Land Department (DLD) confirms that the total value of these transactions surpassed Dh108 billion. Off-plan sales continue to dominate the market, accounting for approximately 58% of the total volume as developers launch new projects in areas like Dubai Islands and The Oasis. The shift in investor sentiment toward a long-term outlook is a response to the city’s population…